Legal Question in Real Estate Law in India

can an earnest money received against a receipt to sell the property can be forfeited according to laws


Asked on 6/11/11, 9:39 am

4 Answers from Attorneys
shiv shakner saini saini law

In what case?

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Answered on 6/11/11, 9:55 am
Sanjay Kalra Sanjay Kalra & Associates

No.

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Answered on 6/11/11, 10:48 am
Shrichand Nahar S.V.Nahar, Advocate

Forfeiture is a matter of agreement or contract.

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Answered on 6/11/11, 10:34 pm
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

yes, it can be forfeited in case the buyer fails to make the payment within the stipulated period of time.

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Answered on 6/11/11, 10:45 pm


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